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You’ve got a product idea that you’re confident can be a success. You’ve conducted extensive market research, assembled a team of qualified collaborators, and maybe even established proof of concept. But now, you’re faced with what might be your steepest challenge of all: securing funding… Read More
New product development — especially for industrial markets — involves a complex chain of stages or "links" that can be roughly divided into design, engineering, and manufacturing. When companies set about developing a product, they tend to take one of two approaches. One, they'll either… Read More
The first step in turning an idea into an actual product begins with creating a prototype. Because prototyping is an iterative process, it can be far more complex, costly, and lengthy than many companies will bargain. Although it always requires significant investment to bring a… Read More